Nepal to accept 275 million US dollar loan assistance provided by World Bank

KATHMANDU: The Government has decided to accept 275 million US Dollars loan assistance provided by the World Bank.

Unveiling the Cabinet decisions taken on Monday, Minister for Communications and Information Technology, who is also the Government Spokesperson, Gyanendra Bahadur Karki said that the loan assistance would be used in transport and market promotion programs.

Likewise, the government had decided to form a talk team to accept 12 million US dollar loan assistance provided by the Asian Development Bank.

Meanwhile, the government had decided to approve the Social Security 2nd amendment Regulation 2079 and to permit the Ministry of Foreign Affairs to sign on agreement paper to establish Nepal-Romania bilateral consultation mechanism.

Likewise, the meeting decided to promote Senior Superintendent of Police Niranjan Bista to the post of Deputy Inspector General of Police as the police employee at the National Vigilance Centre.

Similarly, the Cabinet meeting decided to give approval to a team led by Auditor General Tanka Mani Sharma Dangal to take part in the 24th general congress of the International Organization of Supreme Audit Institutions and to approve the Gazetted level post at the Arrears Clearance Monitoring Committee for the fiscal year 2022/23.